Blackstar Enterprise Group (Blackstar Enterprise Group) Interest Expense : $-0.50 Mil (TTM As of Dec. 2023)

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What is Blackstar Enterprise Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blackstar Enterprise Group's interest expense for the three months ended in Dec. 2023 was $ -0.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.50 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Blackstar Enterprise Group's Operating Income for the three months ended in Dec. 2023 was $ -0.38 Mil. Blackstar Enterprise Group's Interest Expense for the three months ended in Dec. 2023 was $ -0.40 Mil. Blackstar Enterprise Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Blackstar Enterprise Group Interest Expense Historical Data

The historical data trend for Blackstar Enterprise Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Blackstar Enterprise Group Interest Expense Chart

Blackstar Enterprise Group Annual Data

Trend

Jul03

Jul04

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.19

-0.30

-1.21

-0.70

-0.50

Blackstar Enterprise Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.09	-0.03	-0.03	-0.04	-0.40

Blackstar Enterprise Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.50 Mil.

Blackstar Enterprise Group (OTCPK:BEGI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Blackstar Enterprise Group's Interest Expense for the three months ended in Dec. 2023 was $-0.40 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.08 Mil.

Blackstar Enterprise Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Blackstar Enterprise Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Blackstar Enterprise Group (Blackstar Enterprise Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Blackstar Enterprise Group Inc (OTCPK:BEGI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303

Website

http://www.blackstarenterprisegroup.com

Blackstar Enterprise Group Inc is engaged in Merchant Banking and Finance business. The company intends to gain exposure to the blockchain ecosystem through targeted joint ventures in the sector. It also offers consulting and regulatory compliance services to crypto-equity companies.

Executives

John N Harris	director, 10 percent owner, officer: CEO	PO BOX 1547, LYONS CO 80540
International Hedge Group, Inc.	10 percent owner	1711 WALES DRIVE, BERTHOUD CO 80513
Joseph E Kurczodyna	director, 10 percent owner, officer: CFO	1711 WALES DRIVE, BERTHOUD CO 80513
Todd Harold Lahr	10 percent owner, other: Former President & Director	134 3RD ST, NAZARETH PA 18064